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Yamana Gold, Inc. Message Board

  • bejupete bejupete Mar 15, 2013 10:46 AM Flag


    When only 4 banks in London set the Gold price every day, they can manipulate the price of Gold at will.

    Most Americans believe it's a free and open market. They are sadly mistaken.
    All world Gold movements are based on the Spot Price created by those 4 banks.

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    • It is really 5 banks. Barclays, Deutche Bank, HSBC, Bank of Nova Scotai, and Societe Generale.

      They finally are being investigated by the World Bank. This is the first investigation since 1919 when
      the Rothschild family were the sole fixers of the price.

      • 2 Replies to bellacooz
      • The World Bank is by and large a Western power dominated lender to banana republics, and historically the loans have been used as carrots to get the borrowers to do as desired. It has an enforcement arm, but it involves itself with policing (or pretending to police) World bank loan situations.

        This is not much different from most 'regulators' today, who mainly exist as captured protective bodies for those being regulated. But in any case, it would be highly unusual for the World Bank to be investigating anyone other than themselves...

      • That is an incredible piece of information bella, where did you read that?

        Sentiment: Strong Buy

3.78-0.41(-9.79%)Nov 28 1:00 PMEST

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